2358 N Clybourn Avenue Chicago, IL 60614
The current gross income is $190, 620, Asking price of $1, 699, 000 is only 8.91 X the gross annual rent. Mixed-use building, spanning 8, 000 square feet, situated on a deep lot that provides 8 valuable exterior parking spaces. Currently, the retail space is owner occupied with the seller open to either leasing it back or vacating, making this property equally appealing to both investors and owner-occupants. This property also features an interior staircase leading to the rooftop, where you can explore the possibility of adding a rooftop deck with stunning skyline views. The building is already performing well, and the potential for increased returns becomes even more promising with the addition of cosmetic updates. All units have separate HVAC and in-unit laundry.
|2 months ago||Listing updated with changes from the MLS|
|3 months ago||Listing first seen online|